
Upside Reversals. Semis Set Up?
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
September 9, 2025
5 min read
Market Action
QQQ – Upside reversal within this short term flag. Constructive price action.
Bulls want to see a reconfirmation higher or constructive range building sideways
Bears want to see a sharp break lower below this range testing the 10ema with a negative close.
Daily Chart of the QQQ.

IWM – Riding the 10ema higher.

IBIT – Downside reversal at the 21ema. Interesting the weakness while crypto miners are so strong

Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising







